Navigator Holdings Ltd., owner and operator of handysize liquefied gas carriers, has entered into a joint venture agreement with Hong Kong-based Greater Bay Gas. The joint venture, owned 60% by Navigator and 40% by Greater Bay Gas, intends to acquire a total of five ethylene vessels over the next fi
Macquarie Capital has signed a letter of intent to invest in the development of floating solar projects in the Philippines through its portfolio company Blueleaf Energy.
The global energy crisis has forced nations around the globe to ponder whether they need to pick between energy security and net-zero goals. Can both be obtained simultaneously? This is the question on everyone’s mind.
Denmark, Flanders and Belgium have signed an agreement to cooperate on the transport of CO2 between the two countries with a view to permanent geological storage. Besides the framework on carbon capture, utilization, and storage (CCUS) cooperation, the parties have concluded an arrangement on how cr
American Burea of Shipping (ABS) and South Korea’s shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) have formed a joint development project to create a decarbonization strategy for DSME’s LNG carrier designs. Signed at Gastech, the project will see ABS and DSME investigate carbon emission
Denmark-based subsea services provider JD-Contractor has made a strategic move into the growing wave energy sector by forming a partnership with compatriot wave energy developer Exowave.
EverWind Fuels, a Nova Scotia-based developer of green hydrogen and ammonia production, and Svitzer, a Danish towage operator and part of A.P. Moller-Maersk, have signed a memorandum of understanding (MOU) to deploy one of the world’s first green fuel-powered commercial tug vessels in the Canso Stra
C-Innovation (C-I) and Grand Isle Shipyard (GIS) have secured a plug and abandonment contract with Helix Alliance Decom to provide pre-feed services for the decommissioning of three offshore platforms for a “major deepwater client”. In the first phase of the project, C-I provided ROV services to del
International Maritime Industries (IMI), the largest shipyard in the MENA region, has launched Global Maritime Fund (GMF), which aims to provide up to 100% financing for ships and rigs built at IMI’s yard in Ras Al Khair, Saudi Arabia. The independent fund, managed by Pelagic Partners, wants to beco
The Halifax Port Authority and Hamburg Port Authority have joined hands on decarbonizing the shipping corridor between Halifax, on Canada’s east coast, and Hamburg, along Germany’s northwest coast. The two port authorities signed a Memorandum of Understanding in Hamburg on September 29, 2022. The Mo
Sabella has formed strategic partnership with state-owned Indonesian corporation PT PLN (Persero) and PT Meindo Elang Indah to jointly perform a feasibility study for the first tidal farm development in the world’s largest archipelagic state.
On this year’s World Maritime Day, Cyprus-based sustainability advisor Grow Sustainability Consulting, in partnership with Greek shipping expert Alpha Marine Consulting, has launched Grow Maritime, a company offering sustainability consulting services to organisations operating in the shipping secto
Norwegian RoRo shipping company Höegh Autoliners has committed to using either green ammonia or green methanol in at least 5 % of its deep sea operations by 2030, the company announced. The plan was revealed as the company joins the First Movers Coalition (FMC), which targets hard-to-abate sectors i
Sustainable Marine’s tidal energy technology is set to play a central role in the Ocean Energy Smart Grid Integration Project, as final testing gets underway in Nova Scotia, Canada.
